Northern Trust Declares Quarterly Dividends for Common and Preferred Stock
January 17 2017 - 5:38PM
Business Wire
Northern Trust Corporation (Nasdaq: NTRS), holding company of
The Northern Trust Company, has declared a quarterly cash dividend
of $0.38 per share on its common stock ($1.66-2/3 par value),
payable on April 1, 2017, to holders of record at 5:00 p.m. Chicago
time on March 3, 2017.
Northern Trust Corporation also declared cash dividends of
$365.625 per share of its Series C non-cumulative perpetual
preferred stock (resulting in a distribution of $0.365625 per
depositary share) and $2,977.222222 per share of its Series D
non-cumulative perpetual preferred stock (resulting in a
distribution of approximately $29.77222222 per depositary share),
each payable on April 1, 2017, to holders of record at 5:00 p.m.
Chicago time on March 15, 2017. The initial dividend payment on the
Series D preferred stock covers the period from the date of
issuance of such stock, August 8, 2016, through March 31, 2017. If
and when declared, future dividends on the Series D preferred stock
will be payable semi-annually though October 1, 2026, and quarterly
thereafter.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider
of wealth management, asset servicing, asset management and banking
to corporations, institutions, affluent families and individuals.
Founded in Chicago in 1889, Northern Trust has offices in the
United States in 19 states and Washington, D.C., and 22
international locations in Canada, Europe, the Middle East and the
Asia-Pacific region. As of September 30, 2016, Northern Trust had
assets under custody of US$6.7 trillion, and assets under
management of US$946 billion. For more than 125 years, Northern
Trust has earned distinction as an industry leader for exceptional
service, financial expertise, integrity and innovation. Visit
northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle
Street, Chicago, Illinois 60603 U.S.A., incorporated with limited
liability in the U.S. Global legal and regulatory information can
be found at https://www.northerntrust.com/disclosures.
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version on businesswire.com: http://www.businesswire.com/news/home/20170117006579/en/
Northern Trust CorporationInvestor Relations:Mark
Bette312-444-2301Mark.Bette@ntrs.comorMedia Contact:Doug
Holt312-557-1571Doug.Holt@ntrs.comhttp://www.northerntrust.com
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